Royal Bank of Canada Reiterates “Outperform” Rating for VOLKSWAGEN AG/ADR (OTCMKTS:VWAGY)

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VOLKSWAGEN AG/ADR (OTCMKTS:VWAGY)‘s stock had its “outperform” rating reaffirmed by stock analysts at Royal Bank of Canada in a report issued on Thursday, The Fly reports.

A number of other analysts also recently issued reports on VWAGY. Zacks Investment Research raised shares of VOLKSWAGEN AG/ADR from a “sell” rating to a “hold” rating in a report on Thursday, March 12th. ValuEngine downgraded shares of VOLKSWAGEN AG/ADR from a “sell” rating to a “strong sell” rating in a report on Wednesday. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. VOLKSWAGEN AG/ADR presently has a consensus rating of “Hold” and an average price target of $19.00.

Shares of VWAGY stock traded up $0.94 during midday trading on Thursday, hitting $13.34. 317,828 shares of the company were exchanged, compared to its average volume of 372,422. The firm has a market capitalization of $62.16 billion, a P/E ratio of 4.80, a PEG ratio of 0.82 and a beta of 1.83. The firm’s 50 day moving average price is $16.22 and its two-hundred day moving average price is $18.16. VOLKSWAGEN AG/ADR has a 52 week low of $10.60 and a 52 week high of $20.35.

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Analyst Recommendations for VOLKSWAGEN AG/ADR (OTCMKTS:VWAGY)

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